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Canaccord Genuity lowers target price on Arrow Exploration

By Iain Gilbert

Date: Thursday 06 Feb 2025

(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on Colombia-focussed oil firm Arrow Exploration from 50.0p to 44.0p on Thursday but acknowledged that near-term drilling was likely to reboot production growth.
Canaccord Genuity said Arrow's recent operations update highlighted, in its view, the limitations of normal vertical/near-vertical wells...

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